The Abu Dhabi National Petroleum Company proposed a plan to transfer Iraqi oil to Asian refiners via the Strait of Hormuz. Abu Dhabi National Petroleum Company uses a transit operation: the ship switches off the transponder to perform a short voyage to transport crude oil out of the Persian Gulf. The Iraqi National Petroleum Sales Company offers large oil price discounts to companies willing to use the Strait of Hormuz. The discount range for Basra intermediate crude oil ranges from 25 to 27 US dollars per barrel.

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